1277 Standard Avenue
Hornell, NY 14843
MLS #S1011815

Apartment Building
    P-Pending Sale $209,900
    Est. P&I payment: $801.68/mo
    Description for 1277 Standard Avenue, Hornell, NY 14843
    Solid (the structure was originally built as a warehouse; its walls and floors are 2-foot thick concrete), 8-unit apartment building. The property was completely renovated in the year 2006. It is fully occupied by tenants. Each unit is on a 1-year lease that automatically renews. It offers six studio apartments on the 2nd floor with a total monthly income of $3,475.00. And, on the 1st floor, there are two, 2-bedroom apartments bringing in $1,670.00 per month. Each floor has its own laundry room. The owner pays for electricity ($1,800 / year), Propane ($4,500 / year), and fresh water ($2,264 / year).
    MLS #S1011815
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    My Notes for MLS #S1011815

    General Features

    • Listing Type: Exclusive Right To Sell
    • Property Type: 5 + Unit Apartments
    • Status: P-Pending Sale
    • Total Num of Apartments: 8
    • Type of Sale: Normal
    • Year Built: 1910
    • Year Built Description: Existing
    • Num of 2 Bedroom Apartment: 2
    • Num of Studio Apartments: 6

    Exterior Features

    • Additional Exterior Features: Cable TV Available,​High Speed Internet,​Propane Tank - Owned
    • Driveway Description: Stone/Gravel
    • Exterior Construction: Other - See Remarks
    • Garage Spacesper Apt: Less Than 1 Space
    • Lot Dimensions Depth: 250
    • Lot Dimensions Frontage: 68
    • Lot Information: Neighborhood Street
    • Num of Acres: 0.3903
    • Parking Spacesper Apt: 3 Or More Spaces
    • Roof Description: Asphalt,​Rubber Membrane

    Interior Features

    • Additional Interior Features: Circuit Breakers - Some,​Laundry-Common,​Sump Pump
    • Basement Description: Crawl Space
    • Floor Description: Ceramic-Some,​Wall To Wall Carpet-Some
    • Kitchen Equip Appl Included: Oven/Range Electric-Some,​Refrigerator
    • Num of Stories: 2
    • Sq Ft Total: 3,542

    Utility Features

    • Heating Fuel Description: Propane
    • HVAC Type: Forced Air,​Hot Water
    • Num of Electric Meters: 2
    • Num of Gas Meters: 1
    • Num of Heating Units: 2
    • Sewer Description: Septic
    • Water Heater Fuel: Propane
    • Water Resources: Public Connected

    Financial Features

    • City Village Tax: 1,398
    • Gross Annual Income: 61,740
    • Incomeexpense Information: Provided By Owner
    • Operating Expenses Include: Accounting/Legal,​Electric,​Exterior Maintenance,​Insurance,​Management,​Property Management,​Pure Water,​Refuse,​Repairs/Maintenance,​Snow Plow,​Utilities,​Water / Sewer
    • Rent Includes: Apartments Unfurnished,​Electric,​Grounds Maintenance,​Heat,​Hot Water,​Refuse Removal,​Snow Removal,​Water
    • School Tax: 2,250
    • Second Bedrm Average Month Rent: 835
    • Studio Average Monthly Rent: 579
    • Total Taxes: 4,702
    • Town County Tax: 1,054

    Community Features

    • Amenities Included: No Amenities
    • County Or Parish: Steuben
    • Nearest Cross Street: West Street
    • Village: Not Applicable

    School Features

    • School District Name: Hornell


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    Directions to 1277 Standard Avenue, Hornell, NY 14843
    FROM Interstate 86 exchange #34, take State Route 36 southbound to Main St. Turn right onto Main St. and proceed to West St. Turn left onto West St. and go to Standard Ave. Turn right and proceed to the property on the left.
    The listing information for 1277 Standard Avenue, Hornell, NY 14843 was graciously provided by our friends at the listing brokerage, Seven Valley Realty, Inc.

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    P&I Payment $801.68
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    Last Updated 03/24/2018 at 8:49pm